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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Carolina Small Business Development Fund

Carolina Small Business Development Fund

Fiscal year ending 2019. Filed on July 14, 2020.

3128 Highwoods Blvd Suite 170
Raleigh, North Carolina 27604

Carolina Small Business Development Fund (EIN: 58-1903219) has filed an IRS Form 990 between fiscal years 2018 and 2025. In its fiscal year 2019 IRS Form 990 filing, Carolina Small Business Development Fund, a 501(c)(3) charitable organization, reported compensation for 7 out of 54 total employees. Among the employees shown here, the average compensation is $124,680. The highest compensated employee at Carolina Small Business Development Fund is Lenwood Long with fiscal year 2019 compensation of $197,031.

Revenue, expenses, and employee compensation

Revenue

$8,969,393

Expenses

$8,153,430

Employee compensation

$3,362,879
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lenwood Long
President and Chief Executive Officer
$197,031
$197,031 No related compNo other comp
Walter D Harrington
Chief Credit
$134,484
$113,486 No related comp$20,998
Amber Bond
Chief Operating Officer
$132,562
$118,479 No related comp$14,083
Awamary Lowe-Khan
Chief Financial Officer
$113,451
$92,909 No related comp$20,542
Krystin Jorgenson
Chief Financial Officer
$97,726
$84,424 No related comp$13,302
Mark Royster
Chief Credit
$72,823
$65,440 No related comp$7,383
Kevin Dick
President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Cheryl Diuguid
Treasurer
Dr Paulette Dillard
Director
Frank Pollock
Director
Garrett Taylor
Director
Henry McKoy
Director
Jada Grandy-Mock
Director
James H Sills III
Director
Jeff Roegge
Director
John Holdsclaw IV
Director
Ken Reece
Director
Lori Jones-Gibbs
Director
Nancy Patrick Stroud
Secretary

Contractors

Vann Attorneys
Legal
$121,778

Mission Statement

OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.

Revisions to this organization profile

November 13, 2025:
2025 Carolina Small Business Development Fund 990 filed
May 15, 2024:
2023 Carolina Small Business Development Fund 990 filed
May 13, 2023:
2022 Carolina Small Business Development Fund 990 filed

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